The US government has seized control of the mortgage finance companies Fannie Mae and Freddie Mac in what could become the largest corporate bailout ever. The Treasury Department has pledged to provide as much as $200 billion as the two quasi-public companies deal with heavy losses on mortgage defaults. We speak with economist and writer, Max Fraad Wolff. [includes rush transcript]

New revelations about Republican vice-presidential nominee Sarah Palin continue to raise questions about how her religious views might affect her decisions on public policy. Much of the scrutiny has focused on Palin’s church, the Wasilla Assembly of God. This past a week, a video emerged of Palin telling students there that the US invasion of Iraq is a task from God. Her comments have raised concerns she could see some government actions as inevitable or preordained as part of a theocratic belief in “end times.” [includes rush transcript]

Democracy Now! is back at home in New York after two weeks on the road. We traveled to Denver, then to St. Paul, to bring you our special coverage: Breaking With Convention: War, Peace and the Presidency. We grilled politicians with tough questions and exposed the backroom corporate suites. We deployed our reporters into the protest-filled streets to broadcast voices of the silenced majority. Today, Part II, with a recap of our coverage of the Republican convention in St. Paul, from the suites to the streets to the convention floor. [includes rush transcript]

DN! In Depth

By Amy Goodman with Denis Moynihan — The corporate television newscasts spend more and more time covering the increasingly disruptive, costly and at times deadly weather. But they consistently fail to make the link between extreme weather and climate change.